Quantitative Alpha Trading Inc.
CNSX : RTN

April 15, 2011 17:17 ET

Quantitative Alpha Trading Inc. (Formerly RTN Stealth Software Inc.) Announces Completion of Note Satisfaction Transaction and Option Grants

TORONTO, ONTARIO--(Marketwire - April 15, 2011) - Canadian-based technology firm Quantitative Alpha Trading Inc. (CNSX:RTN) [formerly RTN Stealth Software Inc. (RTN)] announced today that it has successfully completed the previously announced common share issuances in full and final satisfaction of US$2,486,930.28 in debt (see Press Release of March 31, 2011) resulting in an additional 47,370,100 common shares being issued, as opposed to the previously erroneously reported $41,307,100 common shares, all issued at $0.0525 per share.

Following on the unanimous shareholder approval of the Long Term Incentive Plan adopted by the Company at its Annual General Meeting on March 30, 2011, the Company announced the awarding of options in respect of a total of 30,639,581 common shares to members of the Board, management and senior consultants. The options granted are equal to 11.25% of the issued and outstanding common shares of the Company, following implementation of the conversion of Class B preferred shares, also unanimously approved by shareholders at the Annual General Meeting.

Of the total options granted:

1. Options in respect of 29,277,821 common shares granted will vest in equal thirds, with the first 1/3rd vesting on the date of grant (March 30, 2011) and the second and third vesting dates being the first and second anniversary of the date of grant. The strike prices for the options have been set with reference to the vesting schedule at, respectively, $0.10 per share, $0.16 per share and $0.24 per share.

2. Options in respect of 680,880 common shares vested fully on the grant date (March 30, 2011) at a strike price of $0.10 per share.

3. Options in respect of a further 680,880 common shares granted on April 4, 2011 at a single strike price of $0.34 will vest in equal thirds, with the first 1/3rd vesting on the date of grant and the second and third vesting dates being the first and second anniversary of the date of grant.

The options expire ten years from the date of grant.

About QAT

For more than a decade, QAT has been researching, developing and maintaining proprietary algorithmic securities trading systems that operate across numerous financial markets. Relying on behavioral science patterns, the company's proprietary systems use a linked series of computer programs to analyze securities market data in real-time and directly execute buy or sell orders over the electronic securities exchanges while monitoring the status of every trade within a given portfolio without human intervention. The company trades on the CNSX exchange under the current symbol RTN.

Except for historic information, the matters discussed in this document contain certain forward-looking statements. These statements involve known and unknown risks, delays, uncertainties and other factors not under the Corporation's control that may cause actual results, levels of activity, performance or achievements to be materially different from the results, levels of activity, performance, achievements or expectations expressed or implied by these forward-looking statements.

CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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